Home Builder Files Chapter 7

Sat., June 24, 2000

By Amy Cannata amyc@spokesman.com

Spokane home-building company Wells Built Homes Inc. filed for Chapter 7 bankruptcy Thursday.

The company owes $1,899,331 to 50 creditors. Of that debt, $179,231 is unsecured.

The company lists just $1,536,000 in assets. Chapter 7 bankruptcy entails liquidation of the company.

Wells Built Homes is owned by George Wells and his wife, Cheryl. They could not be reached for comment.

In 1996, George Wells served as president of the Spokane Home Builders Association. He has been a vocal critic of Spokane County land-use restrictions.

Most recently, Wells joined the Committee for Accountable Commissioners, a political action committee formed to oppose Spokane County Commissioners John Roskelley and Kate McCaslin in their campaigns for re-election.

Wells and Wells Built Homes, however, did not contribute any money to the PAC, which is financed solely by a $10,000 contribution from local developer Raymond Hanson.

A meeting between the company and its creditors is scheduled for July 26.

Local journalism is essential.

Give directly to The Spokesman-Review's Northwest Passages community forums series -- which helps to offset the costs of several reporter and editor positions at the newspaper -- by using the easy options below. Gifts processed in this system are tax deductible.

Meet Our Journalists

Jesse Tinsley

Meet Jesse Tinsley. As a certified drone pilot, this veteran Spokesman-Review photographer often can be seen capturing beautiful aerial photographs of our region. Sometimes though, the job requires getting down with the dogs.
Jim Meehan

Jim Meehan is no stranger to Zag Nation. As the lead writer covering the Gonzaga men’s basketball team, he tells the stories behind the game and gets fans a bit closer to their favorite players.
Molly Quinn

There is no artist in Spokane like Molly Quinn. Her whimsical style is instantly recognizable to readers of The Spokesman-Review. She has painted gorgeous illustrations that instantly elevate the journalism accompanying it. She brings to life the stories that defy photography. She makes our pages better.
Rob Curley

Spokesman-Review editor Rob Curley loves to talk with people and learn about their lives, whether it's a best-selling author or a stranger he meets downtown on his walk to lunch. It's that inquisitive nature combined with a playful sense of storytelling that helps make our newspaper different than most.

Home Builder Files Chapter 7

Jesse Tinsley

Jim Meehan

Molly Quinn

Rob Curley

Russia conducts massive nuclear drills as Putin visits China

Boeing-maintained plane flaw found 10 other times, NTSB finds

NATO is starting to consider Hormuz mission to protect ships